Trematon declares interim dividend despite profit drop

Trematon Capital Investments Limited (JSE:TMT) has declared a gross interim cash dividend of 110 cents per share, payable to shareholders of record on May 9, 2025, from income reserves. This distribution equates to ZAR 245.1 million. This announcement comes despite the company reporting a loss after tax of ZAR (19,621) million for the six months ended February 28, 2025, a significant decrease from the profit of ZAR 14,730 million in the previous corresponding period. Revenue increased by 5% to ZAR 157,813 million. The company notes the results include Aria Property Group for four months before its sale. Headline earnings were ZAR 6,384 million, down from ZAR 8,008 million in 2024. The company has confirmed that it will satisfy the solvency and liquidity test immediately after the dividend payment.